World
Bitcoin set to rally back to $100,000, BTIG says
Bitcoin bears, beware: The world’s oldest cryptocurrency is likely to stage a rally back to $100,000 after its massive pullback earlier this month, according to BTIG. “After a -36% peak-to-trough decline, we think Bitcoin is now poised to continue its reflex rally at least back towards 100k,” BTIG analyst Jonathan Krinsky said Wednesday in a […]
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Switzerland has long welcomed the ultra wealthy. A referendum on a new tax has riled them up
Billionaire count: 57Total wealth: $125 billionKnown as the playground of the rich and famous, Switzerland is 8th in the global billionaire sweepstakes and ranks 7th as the home of those worth $30 million and more, or the ultra-wealthy.Switzerland’s billionaires represent the top one percent of its 5,597 ultra-wealthy population and control more than 19 percent […]
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AI shopping comes with its own perils this Black Friday
Stores in London display advertisements in their windows for ‘Friday’ sales as shoppers flock to the city’s shopping hubs on November 22, 2024. Anadolu | Getty Images The emergence of AI shopping doesn’t just give consumers access to personalized advice and hassle-free shopping, it also brings with it an increased risk of digital fraud. This […]
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Goldman Sachs flags six stocks both mutual funds and hedge funds are loving
Mutual funds and hedge funds are finding rare common ground in a small cluster of stocks that have become consensus favorites across the industry, according to Goldman Sachs. The Wall Street firm analyzed $8 trillion in equity positions at the start of the fourth quarter based on regulatory filings. Goldman identified six names that rank […]
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India economy grows at faster-than-expected 8.2% in September quarter even as tariffs bite
Hadynyah | E+ | Getty Images In a quarter partially affected by the 50% U.S. tariffs, the Indian economy grew faster than expected at an annual rate of 8.2% in the quarter ending in September. The growth was an acceleration from 7.8% in the previous quarter, when a lower deflator unexpectedly boosted real growth. A […]
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What’s going on at Nexperia? Dutch chipmaker issues urgent plea to its China unit
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images Dutch chipmaker Nexperia has publicly called on its China unit to help restore supply chain operations, warning in an open letter that customers across industries are reporting “imminent production outages.” Nexperia’s Dutch unit […]
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European markets edge lower as choppy month draws to an end; Delivery Hero gains over 7%
LONDON — European stocks edged below the flatline on Friday as investors digest the end of a choppy month. The pan-European Stoxx 600 initially saw a positive start to the session but quickly moved lower, with major bourses and sectors mixed at 8:50 a.m. in London (3:50 a.m. ET). November has been a volatile month […]
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CME halts futures trading after ‘cooling issue’ at data center
The floor of the Chicago Mercantile Exchange (CME)/New York Mercantile Exchange (Nymex) in New York City. CME Group is the world’s largest and most diverse derivatives exchange. David S. Holloway | Getty Images Trading came to a standstill on the Chicago Mercantile Exchange on Friday following a cooling issue at one of its data centers. […]
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Baidu is emerging as a major AI chip player in China to fill the Nvidia gap
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Tech giant Baidu is emerging as one of China’s key artificial intelligence chip players, positioning itself as a challenger […]
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‘Time to act now’: The push to develop Europe’s blockbuster rare earths discoveries
In this aerial view, the Kiruna Kyrka church is transported by road to a new location on August 20, 2025 in Kiruna, Sweden. The church, weighing 672,4 tons, is being transported as a whole to a new location 3 km away to avoid damages caused by LKAB´s iron ore mine. Bernd Lauter | Getty Images […]
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